It's a "Sin"

What are your Sin stocks?
Yours may not be the same as Bob down in his moms basement
Maybe your unfamiliar with the phrase?

Sin stocks are stocks that you will not buy to the long side due to moral, ethical or personal belief reasons
For EXP: An investor that is opposed to smoking wouldn’t buy stock in a tobacco company…
I don’t buy tobacco companies, years ago I saw Jim Cramer on tv talking about a rising tobacco company, he said you could donate the proceeds to cancer research
That was weak, to me at least… After the stock rose, I shorted the s—t out of it on its pullback….. And I will again and again every single chance I get
Another one that I will short only is energy drinks, those have been linked to more heart attacks in young athletes than any other over the counter substance that is known of.. The extreme levels of Taurine and Niacin in them is linked to liver damage. Not to mention young kids taking in more caffeine and high fructose corn syrup than any triple shot of espresso could offer
So what’s yours?
Gambling?
Guns?
Liquor?
The list goes on

Right now many are not fans of TSLA
More like TSLA owner Elon Musk
And the stock is paying heavily for it, the stock has now fallen over 51% since its high in DEC 2024
TSLA is in the MAG or now LAG 7
And it’s the worst performing of those 7, today it closed down almost 5%

This morning I highlighted AMZN, yesterday 3 others
All 4 of those with Bull Call Spreads and Bear Put Spreads and not Blind Calls only
The reason as I shared yesterday was the volatility in this market

There is a TONNNNNNNNNNN of green on the Heat Map today, and Irish Eyes are smilin for sure. All except the LAG 7, especially TSLA.. To be honest I’m a little suspired that META didn’t do better today, it tried, out of all of them it gave the best effort

Stocks aren’t ready until they're ready. And today the LAG 7 wasn’t ready
We have to go with strength, to stay stuck on or married to a losing stock just because of its name would be the the worst investing Sin of all

WMT has been a good friend to us here at theoptionscoach.net for a long time ( until the resent selloff!!!! grrrrrrrrrrrrr ) It closed up almost 3% today, it’s time to revisit it

New addition HWM closed up 2.18% today… The Options saw some buying today, a little more than normal.. Tonight I’ll take a deeper dive into HWM and WMT both and report back with my findings in the morning

The Options Coach